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What is the general positioning of the project? i.e. DeFi, NFTs, DAOs, governance.
- Niran describes Panvala as a “toolkit for social and economic coordination”.
- Panvala is a protocol treasury that communities can share.
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What is the value proposition of the project? How does it clearly differentiate itself from others in the web3 space?
- Panvala is a network of all kinds of communities, including remote teams, support groups, mastermind groups, open source projects, book clubs, wellness tribes, impact groups, DAOs, sports clubs, volunteer groups, environmental societies, neighborhood councils, conference councils, and more.
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How does it benefit it community members and general web3 communities at large?
- Communities and coalition receive funding (”endowment”) from Panvala.
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Is it bridging blockchains, protocols, tools, communities, etc.?
- “Coalitions are the soul of community life at Panvala. Coalitions are groups of member communities with a shared interest. They are how our members connect and cross-pollinate ideas, form new teams, and spin off shared projects”. Current active coalitions:
- Crypto Art: “We share experiences and stories about what is happening in your community, connect organizations within the wider ecosystem to support and learn from each other. Events for the broader community are jointly planned.”
- Regenerative Commons: “Our mission is to challenge the dominant approach to human coordination by using socioeconomic infrastructure to connect our communities in a way that allows them to nurture, empower and support one another while continuing to operate like peer-governed platform cooperatives.”
- The Humanetics Workshop: “Our aim is to create a common channel that creates spaces for important ideas to be discussed, new connections to be made, and, above all, ignite a collaborative atmosphere in our emerging field.”
- Women-led Web3: “Our mission is to support and encourage the leadership of women in web3 and the organizations that they run.”
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Does it bring a unique vision or approach to solve challenges in web3?
- Talk to Niran about PAN tokenomics. Niran compares them to Bitcoin: “Transaction fees on the Bitcoin network do not fund the operations. The operations are way to expensive for the fees to pay for it. […] Instead, it’s inflation that is funding this. What you’re doing when you buy Bitcoin is, you’re opting into a system that has promised to dilute your holdings. They create more Bitcoins over time to the maximum of 21 million and they use those new Bitcoins to fund the security of the network.
When you hold Bitcoins, you are kind of a philanthropist that’s funding the operations of the network by diluting your own holdings. With Panvala, what we do is generalize that concept. We see it as not tied to Bitcoin or tied to blockchains in general. It’s just a new kind of philanthropy where you dilute the asset that you hold, to subsidize the things you want.”
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Generally, how does the product work?
- Provide basic information about the product
- PAN token: maximum supply of 100 million
- Inflationary token is used to subsidize (match) donations to communities and coalitions.
- Inflation is reduced on a quarterly basis.
- Over time, the inflation tends to zero and will be replaced by corporate sponsorship.
- Details of product stemming off high level overview
- So far, more than half of the PAN supply has already been allocated.
- Panvala League communities stake PAN tokens to earn donation matching capacity from Panvala’s inflation.
- Results of the product so far
- Largest endowments as of January 14:
- Over 50 communities that received funding in that cycle.